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Challenges of 1031 exchanges you should know about

Posted by on Jun 21, 2017 in General News | 0 comments

Challenges of 1031 exchanges you should know about

You are looking to do a 1031 exchange into a Delaware Statutory Trust property. Know what? You are not the only one. More and more real estate investors opt for DST 1031 exchanges to preserve their capital. Eliminating the headaches of property management, defer paying capital gains taxes, and enhanced cash flow, are only some examples of benefits you enjoy by exchanging into a Delaware Statutory Trust.

However, you should know that using a DST services to complete is not as easy as it may seem. The procedures themselves are easy, but this does not mean that there are not challenges along the way. In this article, we will discuss about the most common issues and how you can overcome them, of course.


Challenge #1 Imposed timeframes

The Internal Revue Code rules leave no room for interpretation. You have to respect two very important timeframes when finalizing a like-kind exchange. If you do not respect the deadlines imposed by the IRC, then the 1031 exchange becomes null. Beginning with the closing of the relinquished property, you have 45 days to designate a replacement property (you can identify as many as 3) and 180 days to buy it.

What investors find most difficult to respect is the 45 deadline. Yes, finding a suitable asset is hard, but it is not impossible. If you do not have the time to search for a replacement property, have a private firm help you. What you have to remember is the fact that you have to act fast ad you need all the help you can get.

Challenge #2 The real estate property must be held for investment

Excluding a personal residence for another one is out of the question. The DST 1031 exchange is not for personal use, which means that you can only swap properties for investment purposes. The exchange property should be a property held for business use. what the IRS qualifies as personal use when it comes to real estate are houses, apartments, condominiums, and improvements relating to living accommodation.

What you can do is use your vacation home. Second homes used for rental purposes are regarded as investment properties, so they do qualify for the tax-deferred exchange. If you can meet the guidelines of the IRS, you can make the swap. So, what do you have to do? It is necessary to have owned the asset for at least 24 months prior to the exchange and have rented it for at least 14 days.

Challenge #3 Choosing a Qualified Intermediary

It is essential that you have a Qualified Intermediary. Sure, you can do things yourself, but this does not mean that you should. Go and find a Qualified Intermediary to help you with the proceedings. There are many things to take into consideration when choosing a middleperson. What you need to look or in a Qualified Intermediary is real estate experience. If the person does not have expertize, they will not be to handle the difficult exchanges. Another thing to look for is funds security. To be more precise, you need to be sure that your funds are safe.

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Hypnotherapy can help you quit smoking. Here’s why

Posted by on Jun 2, 2017 in Health | 0 comments

Hypnotherapy can help you quit smoking. Here’s why

Smoking is a potential fatal habit and quitting it is always difficult. It creates great dependency and it is one of the main causes of lung and several other cancers. Also, it leads to strokes and heart attacks, which are also known as some serious death causes. Thus you have all the reasons to quit smoking. However, how could one quit this habit if it’s so addictive? The answer is simple, since all habits have their source in our internal processes and brain chemistry. Thus, considering some sessions of hypnotherapy Birmingham might be the solution many are searching for.


Better than nicotine patches and chewing gum

While other solutions focus on physical aspects of nicotine addiction, hypnotherapy and hypnosis focus on the psychological part of this addiction. The basic principle behind this approach is diminishing the unhealthy thoughts and impulses and replacing them with more positive, less damaging ones. In many circumstances, the hypnotherapist might teach the patient a self-hypnosis technique, to use it in case the temptation of smoking occurs at some point. The principles behind hypnotherapy for quitting smoking are the following: smoking is poisoning your body, the body needs you to quit smoking is you want it healthy, and that for expanding your life expectancy you need to quit smoking. Thus, instead of investing in expensive so-called physical treatments, you should consider a more profound approach.

Smoking is a habitual, involuntary act

The act of smoking becomes oftentimes an involuntary one, as many have observed. Thus for treating this addiction it is necessary to find a deeper approach. Since physical therapies do not work, there is an answer in our deeper selves, and the answer can be unlocked with the help of a skilled hypnotherapist. And while many claim that smoking is an impulse to stressful situations and contexts, modelling the answer we have to these situations can be easily changed by using hypnotherapy.

This is how many succeed in treating their smoking addiction. There are many celebrities that treated their nicotine addiction with this technique, which is an undisputable proof that it works wonders. It can also be used for so many other purposes, such as losing weight. However, you must be careful when you choose the hypnotherapist you will collaborate with. Their approach impacts greatly the results one might have in the process.

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Tips to run an effective business in the modern age

Posted by on May 16, 2017 in Fashion | Comments Off on Tips to run an effective business in the modern age

Tips to run an effective business in the modern age

When you walk down the street, it is impossible not to see a beauty salon. So if you intend to establish this type of business, you may have doubts, because you do not know if you will be able to run a successful and prosper salon. Well, you should know that the majority of beauty salons have loyal customers and this is why they maintain their high rates on the market. Therefore, if you want to establish a new salon, your main goal should be to impress your clients with your services, and to make them prefer you instead of other businesses. And because you do not have experience behind, the single option you have, and the most effective one, is to invest in modern technology and tools. People would always prefer high quality service, so you have to make sure that this is exactly what you offer them. And for doing this you can invest in a software as MyCuts App, because it will help you improve the quality of your services, and you will have only happy customers.


How a salon app can help you?

You may think that you can save money for your start-up salon, and you can handle things just well without a salon app. Well, you should know that the majority of them are listed at affordable prices, and they will help you increase the profit of the business, so it is advisable to invest in one. The main benefit you will have is that you will always know the situation of your inventory and you will not face the situation of not having a product, the client requires. You will be able to notify the supplier in time, and you will always know the balance of your stock. Also, you can be sure that both the clients and stylists will not forget the appointments, and you will offer only high quality services, because the app will send them reminders. In addition, it is amazing that the majority of apps offer you the possibility to keep a track of your client’s preferences, so when they come for the appointment, you already know what they want, and they will feel satisfied and will love to see that you pay attention to their needs and preferences.

Create a responsive website for your business

When people want to find more details on a certain company, the first thing they do is to look for information online. And you have to make sure that they will find your website, and they will not have any issue in accessing it, and finding everything they need. So you have to work with a professional website designer, and create a web page that offers details not only on your company, but also on the services you offer. Detail every one of them, and post pictures regularly. Also, make sure that the website is responsive on multiple devices, because people do not use only their computer when they are looking for salons. Make sure you promote your website and business, because in this way you will reach to a great number of possible clients.

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Is your car dealer a reliable person? Check these signs

Posted by on May 5, 2017 in Travel | Comments Off on Is your car dealer a reliable person? Check these signs

Is your car dealer a reliable person? Check these signs

There comes a time when you have to buy your first car. With so many options available out there, this is probably the most challenging task for you. Many people opt for purchasing used cars in order to save more money, especially when it comes to the young who are mostly on a low budget, yet are eager to have their own car. Although there are many used Ford F150 options on the market, finding the right dealer is not as easy as it seems. These signs mentioned below will tell you if your car dealer is a reliable one or not.


They are not afraid of having face-to-face meetings

There have been many situations in which people were scammed by car dealers and most of them happened in the online world. Know that there is nothing wrong in searching for used cars on the Internet (you should actually make it your best friend in such situations), but do not make any transactions via online without seeing the car first. Ask the dealer to have a face-to-face meeting where you can chat more about the car and you have the chance to take a closer look at it. If the dealer refuses to meet you, it is a clear sign they are not reliable.

They are willing to offer you detailed information

Another important aspect you should pay attention to before closing any deals with a car dealer is their willingness to provide you with all the requested details. When buying a used car, it is advisable you check the vehicle papers to see when the car was manufactured, when it was purchased by the dealer, when the last check was performed and whether it was performed by specialists or not. If the dealer has nothing to hide, they will not be afraid of answering all of your questions related to that vehicle.

They are willing to sign a sell-buy contract

It is of utmost importance to sign a sell-buy contract when purchasing a car. Do not ever make such an investment if the dealer asks you to give them the money first and sign the contract in a couple of days, because in most cases this is actually a scam. A reliable car dealer will have a sell-buy contract in handy in case you decide to purchase the car on the spot.

Pay great attention to these signs mentioned above if you want to benefit from the best results.

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How personalized ribbons bring that unique touch to your wedding

Posted by on Apr 25, 2017 in Shopping | Comments Off on How personalized ribbons bring that unique touch to your wedding

How personalized ribbons bring that unique touch to your wedding

Weddings, the most beautiful and important events that happen in the life of a couple. However, behind that joy and beauty, there is a lot of hard work and stress because there are several aspects worth considering when planning the perfect wedding. Choosing the location, the theme and the bride and the groom’s outfits are only some of the things that can give you headaches. A must-have element though is personalized wedding ribbon. Here’s why it should not miss from a wedding.


Ribbons embellish the location

For many people, the only use of ribbons is to wrap presents and embellish them, but the truth is you can use ribbons to embellish a location as well, especially when it comes to the one where your wedding is being held. If you opt for a theme for your event, it is essential you find the best ribbon provider and order some bespoke ribbons. These products will bring that genuine touch you need.

They mark the date

Going for bespoke ribbons is the right choice to make when it comes to weddings because you can use them as the perfect element that marks the date. You can have the date printed on these pieces of material. Use them to enhance the wedding favours so that your guests will never forget when the most special day of your life was.

They bring colour

When you opt for custom-made ribbons, you have the chance to select not only the type of material to use, but also the colour, patter and design you want your ribbons to have. This way, you can opt for some light pink polka dot ribbons for instance and have a certain message written on them. Or you can opt for a brighter or more intense colour for instance and make the place look like it came out of a fairy-tale book.

No one else has that type of ribbon

By choosing bespoke ribbons you can rest assured that no one else will ever have the same type of ribbon at their weddings. Select the colour and the message that best represents you and your partner and order wholesale quantity so that you can decorate the entire location. Do not stick only to embellishing the ceiling and the wedding favours, but use ribbons to decorate the chairs, the tables and so on.

Personalized ribbons are definitely the right accessory to every wedding, as they mark the date and give the event a special touch.


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Why you should buy wholesale ribbons when owning a handmade business

Posted by on Apr 25, 2017 in Home & Family | Comments Off on Why you should buy wholesale ribbons when owning a handmade business

Why you should buy wholesale ribbons when owning a handmade business

Many people own a handmade business nowadays. What first started as a weekend activity or as a hobby has now become a real business. However, it is quite a challenge to compete against other business owners operating in the same industry. Ribbons can play a very important role in marketing the business, yet selecting the right provider, especially when you are on a tight budget can be daunting. It is best to buy wholesale ribbons UK though than going for smaller quantities and here are the reasons why this is a better option.


You save money by buying wholesale

Believe it or not, buying wholesale ribbons can actually save you a great deal of money. Most ribbon providers have better prices when selling wholesale and they actually encourage customers to buy ribbons in higher quantities.

Your stocks are secured

By buying wholesale your stocks will be secured for a longer period and you do not have to worry that you are running low on a specific type of ribbon when you most need it. Use ribbons to embellish your handmade products and to make them more appealing to the eye.

You can opt for bespoke ribbons

If you need a specific type of ribbon that has a certain message written on them, look for a ribbon store that is willing to provide you with bespoke products. Keep in mind though that chances for you to benefit from custom-made ribbons are much higher if you order in wholesale quantity than if you opt for retail for instance. Most providers will only sell bespoke ribbons if the order comes in higher quantity.

Find a reliable ribbon provider

Just as in the case of handmade businesses, competition is extremely high among ribbon providers. Each of them is trying to gain potential customers’ attention through various offers and competitive prices. It is recommended you do your research well and have some well-established criteria in your mind. The types of ribbons available for sale, the delivery time and the price are only three of the most essential aspects worth considering. Ask your friends or relatives, read reviews and testimonials online to find out what other customers have to say about ribbon providers and select the one that best fits your budget and needs.

All in all, these are the reasons why buying wholesale ribbons is by far the best option for handmade business owners who want to succeed in this competitive industry.

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Toyota RAV4 – a car for both young and old drivers

Posted by on Apr 10, 2017 in General News | Comments Off on Toyota RAV4 – a car for both young and old drivers

Toyota RAV4 – a car for both young and old drivers


When it comes to classifying cars, people have the tendency to state that some models are designed for old people and others for young ones. But would it not be great to buy a car that is great for both your parents and you? In this way, you will not feel ashamed when you will want to go out with your friends, and take you parents’ minivan. You will be driving a car that will impress not only by its look, but also with its features. If you have no idea, what car we are talking about, you should know that Edmunds claims that Toyota RAV4 is the perfect car no matter the generation you are part of. Toyota RAV4 is the new hybrid, the company launched on the market, and from the tests, it seems that it will have a lot of success, no matter the age of the drivers.

How it acts when confronted with bad weather?

Every driver is worried to hit the road when the weather is bad. However, if you buy this AWD vehicle, then you will receive a boost of confidences, because you will know that you will enjoy the ride, no matter what the weather report states. You will be able to be ahead of the weather and get to your destination in safety conditions. RAV4 acts amazing even on snow, so you can drive to the mountainside in the cold season, without having to worry that you will get stuck. If safety is what you are looking for, then this car is excellent for you.

What it brings new?

This new Toyota has a completely changed look, when compared with the other models from the same manufacturer. It is a small SUV, but it features a bold look, and this offers it a better position on the market. It is a great competitor for the Honda CR-V and Mazda CX-5. The current models has a 2.5-liter 4-cylinder motor, and it comes with 176 horsepower. It is not a racecar, but it has 0 to 60 time of 9 seconds. And where you count that the manufacturer added it a six-speed transmission. This type of vehicle is fun to drive by people of all ages, because it is easily to maneuver in any situation, and you will feel comfortable and safe. If you opt for the limited edition, then it will come with leather seats. The choice is up to you.


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